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The US Federal Budget Deficit Is Widening. Why, and Does It Matter?
From wellsfargo.bluematrix.com
Monetary policy has been front and center over the past 18 months as the Federal Reserve has executed a historically rapid tightening cycle. Against this backdrop, fiscal policy frequently has received less attention than its monetary policy sibling. Yet in recent months, fiscal policy has emerged back into the spotlight. A pronounced debt ceiling fight occurred throughout the spring of this year, eventually culminating in a last second bipartisan deal to suspend the debt ceiling until January 1, 2025. A potential government shutdown looms on the horizon if Congress cannot pass a continuing resolution or the 12 ... (full story)
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- Posted: Sep 19, 2023 1:35pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 1,820
